Market Share of Sports Apparel Industry
The sports apparel market is fragmented and comprises several prominent international and regional players. Some of the major players in the market are Adidas AG, Nike Inc., Puma SE, Under Armour Inc., Lululemon Athletica, Columbia Sportswear Company, Anta International Group Holdings Ltd, Li Ning Company Limited, VF Corporation, and Amer Sports Corporation, among others. Companies are increasing their investments in research and development (R&D) and marketing and are expanding their distribution channels to maintain their position in the market. Furthermore, they are adopting competitive strategies by investing more in developing new products and technologies to produce athletic apparel.
Sports Apparel Market Leaders
Adidas AG
Nike, Inc.
Puma SE
Under Armour, Inc.
Lululemon Athletica Inc.
*Disclaimer: Major Players sorted in no particular order